B2K Development Sells Retail Property In Somerset For $7.1M With Buyer's Rep Michael Lombardi & Seller's Rep Michael Tuccillo - Marcus & Millichap

The retail property located at 1850 Easton Avenue in Somerset has been sold in a recent transaction. The property spans 5,670 square feet and was sold for a total price of $7,065,217, resulting in a price per square foot of $1,246. The sale was facilitated by Michael Tuccillo and Matthew Klang from Marcus & Millichap, representing the seller B2K Development, and Michael Lombardi from Horvath & Tremblay, who acted as the buyer's representative.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $7,065,217
• Address: 1850 Easton Avenue, Somerset
• Square Footage: 5,670
• Price Per Square Foot: $1,246
• Seller: B2K Development
• Seller's Representative: Michael Tuccillo & Matthew Klang - Marcus & Millichap
• Buyer's Representative: Michael Lombardi - Horvath & Tremblay

The involvement of Michael Lombardi from Horvath & Tremblay and Michael Tuccillo and Matthew Klang from Marcus & Millichap played a pivotal role in this transaction. The representatives ensured a successful deal between the seller, B2K Development, and the buyer. The retail property at 1850 Easton Avenue offers significant investment potential in the Somerset market.